🚀 Fincover® App is Now Live!
Join 10 Million+ users on web – now available on mobile!
Last updated on: May 20, 2025
When comparing Edelweiss General Health Insurance and New India Assurance Health Insurance, both insurers offer comprehensive health coverage with wide-ranging plans, but they differ in key areas. Edelweiss is known for flexible sum insured options, family floater plans, and modern features like wellness benefits and reduced waiting periods for pre-existing diseases. New India Assurance, a government-backed entity, offers robust policies with an extensive hospital network, high claim settlement ratios, and long-standing credibility. Premiums for Edelweiss may be slightly higher due to broader features, while New India’s plans are often more budget-friendly. Choosing between them depends on your priorities: opt for Edelweiss if you seek innovative benefits and customized coverage, or New India Assurance for reliability, affordability, and trust built over decades.
Author
Read Bio
Reviewed by
Read BioIt may be difficult to find a suitable health insurance plan when there are many insurers. In 2025, two of the most successful organizations in the health insurance industry in India are Edelweiss General Insurance and New India Assurance. The two have good reputations but their products differ in terms of plan structures, key benefits, premium levels, claim processes and customer perceptions.
Families and individuals often compare Edelweiss General Health Insurance and New India Assurance Health Insurance to identify which one is most suitable to their 2025 needs, especially considering post-pandemic changes in healthcare requirements, new digital offerings, and changing premium frameworks.
Did You Know?
New India Assurance has one of the largest market shares of the insurers in the public sector, according to 2024 market reports, whereas Edelweiss is rated highly in customer service and easy digital experience.
| Characteristics | Edelweiss General Health | New India Assurance |
|---|---|---|
| Plan Types | Silver, Gold, Platinum | Mediclaim, Floater |
| Sum Insured Available | 5 lakh to 1 crore | 1 lakh to 50 lakh |
| Pre-existing Disease Waiting Period | 1 to 3 years | 2 to 4 years |
| No-Claim Bonus | up to 50 percent | up to 25 percent |
| Network Hospitals | Over 6,500 | Over 5,000 |
| Maternity Benefits | Maternity benefits are included in new-age plans and in some plans | |
| Digital Claim Process | Yes | Limited |
| Wellness Programs | Yes | No |
| Free Health Checkups | Yes (depends on the variant) | In some plans only |
| Ambulance Cover | Yes | Yes |
The best option is based on the following:
Pros:
Cons:
Pros:
Cons:
Expert Insight:
A recent survey of urban Indian policyholders showed an increasing demand to get claims processed quickly and self-service apps an area where Edelweiss has consolidated its market position quickly.
The Sharma family wants a 50-lakh cover to the husband, wife, and two children. They need cashless claims, yearly check-ups and one family member has a mild pre-existing condition.
The Edelweiss Platinum plan is well-compared. Digital submission of claims guarantees quicker settlement following hospitalization; the pre-existing disease coverage is offered after two years.
Mr. and Mrs. Joshi, in their early sixties, require simple hospitalisation cover with a reputed non-digital public insurance company with minimum digital friction.
The New India Assurance Mediclaim plan is appropriate, with a reasonable entry-level premium, access to local hospitals, and support of the branch to those who feel less at ease with digital tools.
What does Edelweiss General Health Insurance cover?
Edelweiss health insurance covers inpatient care, pre and post hospitalisation care, day-care services, AYUSH treatment, modern medicine including robotic surgeries, free check-ups and some maternity coverage.
Is New India Assurance Health Insurance owned by the government?
Yes, New India Assurance is a government-of-india enterprise, which makes it one of the most reliable government-sector insurers in health and general insurance in India.
How do I claim cashlessly in Edelweiss?
You can file a cashless claim with Edelweiss by calling their helpline, accessing their mobile app or site, and uploading the necessary documents. When a network hospital is used, the approval is usually fast.
Is it possible to compare health policies of both insurers online?
Yes. Online marketplaces that are accredited enable you to enter family information, needs, and compare the health insurance premiums of Edelweiss and New India, coverage, and add-ons, and customer reviews side by side before buying.
Did You Know?
According to the IRDAI health insurance review of 2024, both Edelweiss and New India have more than 90 percent cashless claim settlement ratios in the previous year.
Edelweiss pioneers new services such as telemedicine, online wellness coaching, and discounts for healthy lifestyle habits. Their wellness programmes allow policyholders to receive rewards- discounts on renewal premiums or free health check-ups. With the COVID-19 and the following years, Edelweiss launched certain pandemic and critical-illness plans, which are topical in the field of medicine.
The main strength of New India that has not been overcome is the fact that it has penetrated all areas of India and is trusted by older adults and conservative consumers. The company deals with group insurance of large government and non-governmental organizations with the support of the government, which gives new buyers confidence. It has a popular product called Mediclaim which enjoys popularity among the salaried employees and pensioners because of its low cost and brand name.
What is the better coverage of AYUSH treatment in health insurance?
Edelweiss provides AYUSH (Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homeopathy) treatments on a wider coverage of all major plans, but New India covers AYUSH on a limited number of products.
What are the add-ons covers?
Edelweiss offers personal accident, maternity, critical illness, and room rent waiver add-ons. New India provides add-ons of critical illness and accident only on certain higher-tier variants.
Are there benefits for claim-free years?
Edelweiss tends to provide more no-claim bonuses than New India, up to 50 percent in some versions of the plan.
Which settles claims faster?
In 2025, Edelweiss has invested a lot in digital processing- most cashless hospitalisations are reported to take three to five working days to clear claims. New India is dependable, but it can be delayed during peak-claim seasons.
| Category | Edelweiss | New India Assurance |
|---|---|---|
| Digital Claims | Yes | No |
| Renewal Discounts | Yes (wellness) | No |
| Telemedicine | Yes | Limited |
| Premium Range | Medium–High | Low–Medium |
| All-India Access | Limited | Excellent |
Expert Insight:
In 2024 and 2025, policyholders younger than 40 years old and nuclear families or digital-first preferences have demonstrated a significant movement to Edelweiss, attracted by online onboarding and paperless claims.
Prices are quite different; as an example of a family of four (two adults, two children, ages 32, 30, 8, 5):
| Insurer | Sum Insured | Annual Premium (2025)* |
|---|---|---|
| Edelweiss (Platinum) | 50 lakh | ₹21,500 |
| New India (Floater) | 50 lakh | ₹18,200 |
The amount of premiums can vary depending on the age, city, and health history. Always check online marketplaces with the current rates.
Absolutely. These exchanges enable you to compare Edelweiss and New India plans, discounts, offers, hospital lists, and even customer reviews in one sheet of comparison- making it easier to choose the coverage that best fits your lifestyle and medical requirements, particularly when purchasing policies on behalf of more than one person.
Did You Know?
In 2024–25, over 70 percent of health insurance plans in India were researched and compared online before customers made their purchase.
Both are registered by IRDAI, cover significant illnesses, and have competitive ratios of claim settlement. Use an online policy comparison tool to have current rates and coverage information that suits your family or personal needs.
Which insurer will have more hospitals on its cashless network in 2025?
Edelweiss records more than 6,500 hospitals, and New India records more than 5,000.
Is Edelweiss health insurance acceptable to the elderly citizens?
In most cases, the plans are up to 65 years during entry, but the New India has more specialised plans to senior citizens.
Is it possible to portably transfer my current health insurance to either of the insurers?
Yes, portability exists under IRDAI, though you have to apply when you are renewing and state all the health facts in a transparent manner.
Which insurer is better in claim settlement ratio?
Both show ratios higher than 90 percent in the IRDAI 2024 review, with small annual fluctuations.
Does it include maternity cover in both?
Edelweiss has maternity as an add-on on premiums; New India has it on a few floater plans.
How do I figure out premiums and compare?
Go to an online insurance marketplace, enter your health history, family members, and sum insured; you will get clear comparisons of the latest offers, discounts, and add-ons of both Edelweiss and New India insurance in India.
How could we improve this article?
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
Loved by 1M+ users. Start your financial journey today!
